ChainCatcher news, according to CoinDesk, although the possibility of a bottom having already formed cannot be ruled out, on-chain analyst James Check stated that the true bottom may only appear after Bitcoin experiences a real "capitulation sell-off" event.James Check indicated that this could mean Bitcoin needs to drop to around the $65,000 area, which he refers to as the "true market average," or the average cost basis of active investors. Once it falls to this level, the average investor may begin to feel the pressure of unrealized losses, and even those long-term holders who have held their coins for five years may face a "being trapped" situation. Michael Saylor's Strategy has an average Bitcoin cost basis of about $67,500.Although Check expects a significant drop from the $65,000 area, he believes there is strong support between $49,000 and $50,000. This price range represents both the launch price for Bitcoin spot ETFs in 2024 and symbolizes a critical threshold for Bitcoin's $1 trillion market cap. He stated that unless a global economic recession occurs, the likelihood of Bitcoin dropping to $40,000 is low. In 2024, Bitcoin has undergone a long period of "chopsolidation" phase—where the price has remained within a wide fluctuation range of $50,000 to $70,000 for several months, establishing a solid support foundation for the market.

ChainCatcher news, the Meme application chain Embr.fun built on Initia has announced the completion of a $1.8 million funding round, led by Robot Ventures and Lattice Fund, with participation from TempleDAO and others.Embr.fun is built by Embr Labs and supported by the Initia Interwoven Stack for development. The project is designed for the next generation of the Meme economy, aiming to bring more innovative and fun gameplay to Memes, and to become the first platform to drive the development of the next generation of Memes.

ChainCatcher news, according to the official announcement, Binance will launch the BABY/EUR, ONDO/TRY, and PAXG/USDC spot trading pairs on April 15, 2025, at 08:00 (UTC).At the same time, Binance will open trading bot services for the following trading pairs: spot algorithmic orders (BABY/EUR, ONDO/TRY, PAXG/USDC) as well as spot grid and spot dollar-cost averaging (ZK/USDC).

ChainCatcher news, JPMorgan Asset Management stated that there are signs of strong foreign demand, and the market expects the Federal Reserve to support U.S. government debt when necessary, suggesting that U.S. Treasury bonds may have bottomed out.The company's global fixed income chief, Bob Michele, said, "I feel good; we have invested here at low prices and high yields." "In our conversations with overseas investors, they are not scared off by U.S. Treasuries." Previously, U.S. Treasuries experienced their largest drop since 2001, due to Trump's tariffs and unpredictable policymaking undermining demand for long-term safe-haven assets. Michele cited Federal Reserve data showing that foreign central banks and reserve management institutions have recently increased their holdings of U.S. Treasuries. He also noted that Federal Reserve's Collins recently commented that if things become chaotic, the Fed is "absolutely ready" to help stabilize financial markets.

ChainCatcher news, Bitget's Chinese head, Xie Jiayin, released a clarification and explanation regarding the campus ambassador program on social media, stating, "In response to today's Rhythm BlockBeats initiative urging major trading platforms to stop promoting contract experience funds to college students, Bitget makes the following statement:Regarding the campus ambassador program: Bitget's campus ambassador program aims to promote blockchain knowledge and provide internship opportunities, and does not encourage contract trading or distribute contract experience funds. The program was launched on February 18, and due to user misunderstandings related to contract rebates, Bitget quickly took it offline globally on February 19, with all applications not being approved during this period.Upholding principles, refusing inducement: Bitget has never distributed contract experience funds to students in any form, which is Bitget's bottom line. We welcome social supervision; if such behavior is discovered, please take a screenshot and report it. Bitget will handle it seriously and offer a reward of up to 1000 USDT to valid reporters.University cooperation limited to popular science and employment: Bitget's cooperation with universities focuses on Web3 popular science, internships, and employment guidance, such as the 2025 campus recruitment (28 people already hired), Zhejiang University hackathon, and Hong Kong University of Science and Technology Web3 sharing session, etc.Bitget always supports industry self-discipline and actively responds to the Rhythm BlockBeats initiative. Based on this, Bitget will launch the "Green Campus Program" to help college students understand Web3 and explore the future in a healthier way. We welcome everyone to supervise and provide suggestions."

ChainCatcher news, according to CoinDesk senior analyst James Van Straten, the S&P volatility index surged to its highest level since August of last year this morning, indicating an increase in market uncertainty.James also stated that the ratio of Bitcoin to VIX has reached the long-term trend line, which historically has marked the bottom for Bitcoin during significant market events, followed by a price rebound.

ChainCatcher news, cryptocurrency analyst Ali Martinez stated that Ethereum (ETH) may have completed the bottoming phase of this market cycle.Data shows that the Entity-Adjusted Dormancy Flow indicator for ETH recently fell below 1 million. Historically, this low level of the indicator usually signals a macro bottom region, indicating that ETH may be undervalued and long-term holders are less inclined to sell.

ChainCatcher news, according to Jinshi reports, U.S. President Trump stated, "Our tariff policy is doing very well. This is exciting for both the United States and the world!"

ChainCatcher news reports that, according to 4E monitoring, the threat of an escalation in the China-U.S. tariff war has overshadowed the positive effects of slowing inflation. Investor concerns have taken precedence, and U.S. stocks failed to maintain Wednesday's significant rebound. On Thursday, the three major indices at one point dropped by at least 5%, although the decline narrowed towards the end of trading. By the close, the S&P 500 index fell by 3.5%, having at one point dropped by 6.3%, nearing the 7% first-level circuit breaker, marking the largest intraday drop since March 2020; the Nasdaq fell by 4.31%, and the Dow Jones by 2.5%. Major tech stocks collectively declined, with the seven giants index dropping by 6.67%.In the cryptocurrency market, the strong rebound from the previous day reversed sharply last night alongside the U.S. stock market. Bitcoin fell from $82,000 to a low of $78,464, nearly erasing all gains from the previous day. As of the time of writing, it is reported at $80,258, down 2.67%. Among the top ten mainstream coins, Ethereum performed the weakest, influenced by whale sell-offs and the decoupling of sUSD, briefly falling below $1,500. Before the deadline, it is reported at $1,541, down 6% in nearly 24 hours.In the forex commodities sector, the U.S. dollar index fell by 1.89%, marking the largest single-day drop since 2022. Oil prices dropped over 3% due to weak supply and demand expectations. Risk aversion surged, with gold reaching $3,220, setting a new historical high.Latest data shows that the U.S. March CPI fell short of expectations across the board, but the impact of tariffs has yet to be fully realized, which may soothe investors in the future. As Trump's chaotic tariff policies continue to disrupt the market, expectations of a tightening global supply chain have intensified, raising broader concerns about an economic recession. The market remains skeptical about whether the 90-day tariff delay can lead to substantial negotiation outcomes.

ChainCatcher news, according to former U.S. federal prosecutor James K. Filan, the SEC and Ripple have jointly submitted a motion to the U.S. Court of Appeals for the Second Circuit, requesting to "stay" the proceedings of both parties' appeals and cross-appeals, on the grounds that the parties have reached a "principled settlement agreement," which is currently awaiting approval from the SEC Commission. If approved, a motion for a declaratory judgment will be filed in the district court. The court has canceled the previously scheduled submission of response materials on April 16.This motion signifies that the case may soon reach a final settlement.

ChainCatcher message, well-known trader Ansem posted on X stating that unless there are specific news events that can change the current situation, whether it's a shift from the Federal Reserve or a easing of tariffs, there will be no V-shaped recovery in the current market conditions. Regarding these two scenarios, it is better to passively respond after the news appears rather than actively predicting the outcome.

ChainCatcher news, Zhao Changpeng stated that he is conceptualizing an AI Bot named "X Agent" during discussions with BNB Chain developers, which can simulate user styles to tweet on the X platform. In the initial phase, the project will generate content that aligns with personal tones by analyzing users' historical tweets and trending topics. In the future, it will support features such as tweet summarization, intelligent replies, and sentiment analysis. His created YZi Labs intends to fund such projects and plans to monetize through a subscription model priced in BNB.

ChainCatcher news, according to Ember monitoring, the Web3 development team 7 Siblings has purchased 25,102 ETH in the past 10 hours, spending 42.66 million USD (approximately 1,700 USD per coin). Currently, they hold over 660,000 ETH, with a total value of 1.037 billion USD. In addition, 7 Siblings has borrowed 412 million USD through staking ETH in multiple lending protocols, with healthy loan positions and liquidation prices all below 1,100 USD.

ChainCatcher news, well-known trader Eugene Ng Ah Sio posted on his personal channel that his BTC position, which he bottomed out and had previously reduced, was automatically liquidated today due to falling below the stop-loss price during the decline.Last Friday, Eugene stated that the support level for Bitcoin is very strong, and its relative strength during the market crash cannot be ignored. He had built a position at the price level of $83,200 and believes that the bottom of the S&P 5100 points is credible, and any recovery in the stock market will theoretically boost Bitcoin's surge.

ChainCatcher news, Chaosmos, the head of Botanix Labs Asia, stated during the roundtable discussion on "2025 Crypto New Trends" at the "Web3 Future Night" event that Botanix is a Bitcoin Layer 2 network compatible with EVM smart contracts and will launch its mainnet in May.He also mentioned that Bitcoin is currently in the mid-phase of a bull market, with many viewing it as a store of value, and the value narrative is nearing its peak. Bitcoin needs more use cases to drive its widespread adoption globally.It is reported that the "Web3 Future Night" event is co-hosted by ChainCatcher and the digital asset platform CoinUp.io, bringing together ideas and business opportunities.